September 25, 2007
Further to the announcements on February 27, 2007, and April 27, 2007, Royal
Wessanen nv announces that its share buyback program for the year 2007 is
completed. The purpose of the program was to return part of the proceeds of the
Private Label divestment to shareholders through a reduction of Wessanen’s
outstanding capital by EUR 50 million.
During the period from May 2 through September 24, 2007, Wessanen acquired
4,229,396 of its shares pursuant to the share buy back program, at an average
price of EUR 11.82 per share.
The program was executed by ING Wholesale Banking which made its trading
decisions in relation to Wessanen’s shares independently of Wessanen and
without influence by Wessanen with regard to the timing of the purchases. This
means that the program was also continued during closed periods.
A complete (accumulated) overview of Wessanen’s buyback program is published on
Wessanen’s corporate website
Royal Wessanen nv
For more information, please contact Corporate Communications; phone + 31 (0)30
29 88 831; e-mail email@example.com
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